The GMI fell one to 5, as there were only 97 new highs on Tuesday in my universe of 4,000 stocks. The GMI-R fell to 8, losing an additional point because there were more new lows than highs (98 vs. 97). The GMI-S has weakened to 63% because of short term weakness in the DIA, SPY and IJR. All of the short term indicators for the QQQQ remain positive.
what is the GMI-S referred to on Wed 10-17?
thanks